Corporate America And The Environment

As government funds to support environmental R&D dry up, corporate American is finding it worthwhile to pick up the bill.

1 minute read

May 2, 2003, 1:00 PM PDT

By Chris Steins @planetizen

"Because of the weak economy, corporate spending on environmental research and development has moderated. Yet experts say it's most likely holding up better than similar federal spending, which has fallen 1% in the current fiscal year.While both trends may sound alarming, given the stress a rising world population puts on the earth's resources, here's a silver lining: Corporations have found that environmentally friendly technologies often allow them to eliminate waste and lower manufacturing costs, thus improving their financial performance."

Thanks to Chris Steins

FULL STORY: Earth's Best Friend: Corporate America?

Friday, May 2, 2003 in Business Week

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